Office Space

When lease flexibility meets opportunity...
“The stiffest tree is most easily cracked, while bamboo or willow survives by bending with the wind.” – Bruce Lee
Flexibility has become an extremely desirable modern day value. In fac...

Leasing your commercial property
You probably can’t change the location of your commercial property but there are other things you can do to increase your chances of finding a good tenant, quickly, who looks after your property and pays the ...

According to this year's National Business Review rich list, released last week, commercial property is a road to riches for many of New Zealand’s wealthiest people.
This blog is the last in a series in which we’ve explored wh...

The things you need to know before you sign:
A bad lease can destroy your business. It can drain your finances, lose your customers, block your progress and even kill your exit strategy.
Landlords deal with leases every day, but for t...

The vast majority of businesses in New Zealand lease their offices spaces. Finding the perfect space makes for happy staff, more sales, better efficiency and, at the end of the day, a better bottom-line.
In this blog we offer some advice on ...

Don’t get caught out when your office needs repairs. Are you aware of the repair and maintenance obligations in your commercial lease? You should be or you could end up seriously out of pocket.
Building maintenance can be an expensive bus...

The majority of business owners lease the premises from which their business operates. A lease agreement is a binding legal document, so it is important as a tenant to understand all the responsibilities and legalities that make up your agreeme...

Many businesses are tenants in their selected premises, and with this comes a raft of responsibilities and legalities that need to be negotiated and will form part of your lease agreement.
In our next few blogs we will look at some of the...

Business equals change.
Commercial leases do not.
When signing a lease, it pays to consider your future and if you are permitted to sublease or assign any surplus space. Determine what will best suit your needs and what the associated c...

Has your property manager got your back?
Commercial property owners have special needs when it comes to maintaining the value of their property and keeping their tenants happy. The right property management company will help you do both and leave...

How to maximise rental returns on your commercial property
Commercial property investment can offer great rewards, but to maximise these returns, you’ll need to be proactive and efficient.
Here are some tips to help boost your returns and ...

The importance of relationships in commercial real estate
Commercial real estate is a relationship-driven business. We do deals with people we like and trust, and we get the best from people who like and trust us.
Here are some tips to help you ...

Fortunes are made and lost in commercial property investment, but what makes the difference between a great investment and a dud? The answer … due diligence.
WHAT is due diligence?
Investopedia describes due diligence as: “an inves...

More on due diligence – legal, financial and physical considerations.
Last month, we talked about due diligence when purchasing commercial property – what it is, why you should do it, who should do it, how and when to do it.
In this ...

It takes a team to win the commercial property game
The most successful commercial property investors work as a team. Sure, it might be your name on the ownership papers but it took a team of people to get you there.
To make a sound commerc...

Top tips from commercial property investors who have done it before
There’s plenty of advice out there for people looking to get into the property game and we all know there is money to be had. But just how hard is it, what are the pitfalls...

If you are a commercial landlord, under the Health and Safety at Work Act 2015 (HSWA), you are also a PCBU. If you don’t know what a PCBU is or what it means to be one, read on because it’s important.
A PCBU is a 'person c...

Sure, location is important but it’s not the only factor in creating the perfect space for your business. It’s a balancing act and you have the needs and wants of three parties to consider – your customers, your staff (including ...

Commercial property makes a great investment. The yields are good (sometimes great), the market’s pretty consistent, investments can be short or long-term, and longer leases mean added security and less hassle for property owners.
Howeve...

4 tips to help avoid the empty commercial property nest:
The worst case scenario for a commercial property investor is an empty building. No tenants means no rent, which means no debt reduction and still needing to service the Bank loan could lea...

Here's why you shouldn’t neglect the exterior of your commercial property
Keeping up appearances...
Never judge a book by its cover. It’s good in theory, but we all still do it. As a commercial property owner, the exterior of your...

In our recent blogs we focused on landlords and commercial property investors, but this month the shoe is on the other foot. For many new commercial tenants, finding a suitable space and negotiating a commercial lease is unchartered territory. ...

It’s one of the biggest clichés in the business – location, location, location. But what makes a good location? This depends entirely on the tenant and their customers.
Here’s a list of the sorts of things you should cons...